OCCL Limited, one of the market leaders in the production of Insoluble Sulphur, has reported Q3 FY25 revenue of Rs. 97 crores 

Commenting on the results, Arvind Goenka, Promoter and Managing Director said, "During Q3 FY25, our revenue stood at Rs. 97 crores, while EBITDA came in at Rs. 16 crores, with an EBITDA margin of 16. 6%. PAT stood at Rs. 5 crores, translating to a net margin of 5.4%. margins are impacted on account of substantially high international freight cost. The demand environment remains challenging, with major markets experiencing a slowdown. While the global outlook remains subdued, domestic demand is expected to remain stable and further strengthen going forward, supported by Capex investments by tyre OEMs."

"The domestic tyre industry is expected to grow at about 5.5% per annum with emphasis on tyre exports and robust domestic demand. This should offset the current slowdown in demand being observed in the developed countries. The company has applied for Anti dumping duty on import of insoluble sulphur from China and Japan, the proceedings for which are in advance stage in DGTR," commented Goenka.

"Looking ahead, we remain confident in our ability to navigate the evolving business environment, backed by our strong financial discipline and robust balance sheet. Our continuous focus on operational excellence, cost optimization helps to position us as a trusted partner to our customers while driving long-term, sustainable growth going forward," added Goenka.